The National Institute of Banking and Finance (NIBAF) successfully completed Module 3 of the Islamic Banking Certificate Course (IBCC-71) at its Lahore campus, reinforcing its role as a leading platform for professional training in the financial sector. The program, designed to strengthen expertise in Shariah-compliant banking practices, brought together around 30 officers from various commercial banks across the country.
Held over multiple days, the course featured a comprehensive curriculum that emphasized both theoretical foundations and practical applications of Islamic finance. The final segment, conducted on August 23, 2025, included a rigorous assessment to evaluate participants’ understanding and application of key concepts. This evaluation served as an important step in ensuring that graduates of the course are fully equipped to integrate Shariah principles into their respective banking operations.
One of the highlights of the module was the specialized training delivered by Mufti Rafay Usmani, who led sessions on Day 4 and Day 5. His sessions provided deep insights into critical areas of Islamic finance, addressing both contemporary challenges and opportunities in the field. By linking classical Islamic jurisprudence with modern banking practices, the training bridged the gap between traditional Shariah knowledge and the evolving needs of the financial sector.
The program received strong engagement from participants, who represented a diverse group of officers from commercial banks. Their involvement underscored the increasing demand for Islamic banking expertise in Pakistan, where Shariah-compliant products and services continue to gain traction. With the sector experiencing consistent growth, initiatives like IBCC are seen as vital to preparing professionals who can support the expansion of this segment in alignment with regulatory standards and customer expectations.
The conclusion of IBCC-71 Module 3 marked another milestone in NIBAF’s ongoing commitment to advancing Islamic banking education. By combining experienced trainers, interactive sessions, and structured assessments, the institute continues to provide financial professionals with the knowledge and confidence needed to navigate an industry that balances religious principles with modern financial innovation.
Islamic banking remains a key pillar of Pakistan’s financial landscape, and the demand for trained officers in this area continues to rise. The successful execution of this course highlights NIBAF’s dedication to equipping the next generation of bankers with the skills required to serve customers who increasingly prefer Shariah-compliant financial solutions. This emphasis on professional development also contributes to strengthening the overall ecosystem of Islamic finance in the country.
The participants, having completed Module 3, are expected to carry forward their learning into practical banking environments, where they will play an important role in shaping the industry’s growth trajectory. Their enhanced expertise will not only contribute to their individual career progression but also add value to the institutions they represent.
The Islamic Banking Certificate Course, through its structured modules and expert-led sessions, continues to serve as a cornerstone in developing a knowledgeable and skilled workforce for Pakistan’s growing Islamic finance sector.